| Label | Element | Value | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk/Return [Heading] | oef_RiskReturnHeading | GMO ALTERNATIVE ALLOCATION FUND | ||||||||
| Objective [Heading] | oef_ObjectiveHeading | Investment objective | ||||||||
| Objective, Primary [Text Block] | oef_ObjectivePrimaryTextBlock |
Positive total return.
|
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| Expense Heading [Optional Text] | oef_ExpenseHeading | Fees and expenses | ||||||||
| Expense Narrative [Text Block] | oef_ExpenseNarrativeTextBlock |
The table below describes the fees
and expenses that you may bear for each class of shares if you buy, hold, and sell shares of the Fund. You
may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and
example below.
|
||||||||
| Operating Expenses Caption [Optional Text] | oef_OperatingExpensesCaption | Annual Fund operating expenses (expenses that you bear each year as a percentage of the value of your investment) | ||||||||
| Fee Waiver or Reimbursement over Assets, Date of Termination | oef_FeeWaiverOrReimbursementOverAssetsDateOfTermination | Sep. 30, 2027 | ||||||||
| Other Expenses, New Fund, Based on Estimates [Text] | oef_OtherExpensesNewFundBasedOnEstimates | Because ETF Class shares of the Fund are new, “Other expenses” are estimated amounts for the current fiscal year based on the expenses of Class R6 shares of the Fund. | ||||||||
| Expense Example [Heading] | oef_ExpenseExampleHeading | Example | ||||||||
| Expense Example Narrative [Text Block] | oef_ExpenseExampleNarrativeTextBlock |
This example
is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. The example assumes that
you invest $10,000 in the Fund for the time periods indicated, regardless of whether or not you sell your shares at the end of such periods.
The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses with respect to
ETF Class shares remain the same as those shown in the table. The one year amounts shown reflect the expense reimbursement and waiver
noted in the expense table. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
|
||||||||
| Portfolio Turnover [Heading] | oef_PortfolioTurnoverHeading | Portfolio turnover | ||||||||
| Portfolio Turnover [Text Block] | oef_PortfolioTurnoverTextBlock |
The Fund pays transaction costs, such
as commissions, when it buys and sells securities. A higher portfolio turnover rate may result in higher transaction costs and, for holders
of Fund shares subject to U.S. taxes, higher income taxes. These transaction costs, which are not reflected in Annual Fund operating expenses
or in the Example, affect the Fund’s performance. During its fiscal year ended February 28, 2026, the Fund’s portfolio
turnover rate (including the accounts of the Fund’s wholly-owned subsidiary, GMO Alternative Allocation SPC Ltd., and excluding
short-term investments) was 764%
of the average value of its portfolio securities. That portfolio turnover rate includes investments in U.S. Treasury Fund, which the Fund
uses as a short-term investment vehicle for cash management. The Fund’s portfolio turnover rate during its fiscal year ended February 28,
2026 (including the accounts of GMO Alternative Allocation SPC Ltd., and excluding transactions in U.S. Treasury Fund and other short-term
investments) was 789% of the average value of its portfolio securities.
|
||||||||
| Portfolio Turnover, Rate | oef_PortfolioTurnoverRate | 764.00% | ||||||||
| Strategy [Heading] | oef_StrategyHeading | Principal investment strategies | ||||||||
| Strategy Narrative [Text Block] | oef_StrategyNarrativeTextBlock |
The Fund seeks annualized returns
of 4% (net of fees) above cash (FTSE 3-Month Treasury Bill Index) over a complete market cycle by obtaining long and/or short exposures
to a variety of investment styles (“Styles”) across the following asset groups: stocks, equity indices, bonds, interest
rates, currencies and commodities (“Asset Groups”). The Fund’s long and short exposures to Styles and Asset Groups
depend on GMO’s evaluation of investment opportunities. The Fund will pursue exposure to Styles and Asset Groups through a variety
of underlying strategies. The Styles typically employed by the Fund are:
Value: Value
strategies seek to identify opportunities to buy assets that appear inexpensive and sell assets that appear expensive based on fundamental
measures related to price, seeking to capture the tendency for relatively inexpensive assets to outperform relatively expensive assets.
The Fund will seek to buy assets that GMO believes are relatively inexpensive and sell those that GMO believes are relatively expensive.
Examples of value strategies include using price-to-earnings and price-to-book ratios for selecting stocks.
Quality: Quality
strategies favor investments that exhibit relatively higher quality characteristics. GMO believes a high quality company generally to
be a company that has an established business that will deliver a high level of return on past investments and that will use cash flows
to make investments with the potential for a high return on capital or to return cash to shareholders through dividends or share buybacks.
An example of a quality strategy is seeking long exposure to high quality companies and/or short exposure to low quality companies that
GMO believes to be of low quality.
Carry: “Carry”
is typically defined as the return of an asset assuming that market conditions or valuations stay the same. Carry strategies favor investments
with higher yields over those with lower yields, seeking to capture the tendency for higher-yielding assets to provide higher returns
than lower-yielding assets. An example of carry measures includes selecting currencies and bonds based on interest rates.
Momentum: Momentum
strategies favor investments that have performed relatively well over those that have underperformed over the medium-term (i.e., one year
or less), seeking to capture the tendency that an asset’s recent relative performance will continue in the near future. Examples
of momentum measures include simple price momentum for selecting stocks and price- and yield-based momentum for selecting bonds.
Volatility: Volatility
is a statistical measurement of the dispersion of returns of an asset, as measured by the annualized standard deviation of its returns.
Historically, the average implied volatility of index options has exceeded the realized volatility of the underlying index. This difference
represents the volatility premium, or market participants’ willingness to pay for protection against losses when volatility suddenly
increases. An example of a volatility strategy is selling or writing put options (hedged or unhedged) on various equity and credit indices.
Trend: Trend
strategies seek to capture the historical tendency of an asset’s recent (relative or absolute) performance to continue into the
future. The Fund may have both long and short positions in different assets depending on their respective price and/or economic trends.
An example of a trend measure is using short-term prices (e.g., prices over a one- to three-month period) to select an equity index.
Event-Driven: Event-driven
strategies seek to benefit from movements in equity prices in connection with material corporate events, such as merger and acquisition
transactions, corporate restructurings, and other transaction types and regulatory events. Where GMO believes a material corporate event
is likely to occur (or not occur), the Fund may take long and/or short positions in equities of companies that are the subjects of such
corporate events.
The Fund’s Styles may change
over time and the allocation of Fund exposures to and among the Styles and Asset Groups will also change over time. GMO does not expect
the Fund’s performance to be highly correlated with that of traditional equity market indices. GMO does not manage the Fund to,
or control the Fund’s risk relative to, any securities index or securities benchmark, and GMO does not expect the Fund’s
performance to be highly correlated with that of traditional equity or fixed income market indices. The Fund typically has gross investment
exposure in excess of its net assets (i.e., the Fund typically is leveraged) and therefore is subject to higher risk of loss than if the
Fund were not leveraged. GMO does not seek to achieve a particular volatility level or range for the Fund but expects the Fund’s
typical volatility to be between 4% and 12%. The Fund at times may have substantial exposure to a single Style, asset class, sector, country,
region, issuer, or currency and companies with similar market capitalizations. The Fund is not restricted in its exposure to any particular
Style, Asset Group or market and may invest in securities of companies of any market capitalization.
In seeking to achieve its investment
objective, the Fund may invest in exchange-traded and over-the-counter (OTC) derivatives, which may include options, futures, forward
currency contracts, and swap contracts. The Fund may lend its portfolio securities.
The Fund gains exposure to commodities
and some other asset classes by investing through a wholly-owned subsidiary advised by GMO, which does not receive any management or other
fees for its services to the subsidiary. The subsidiary invests primarily in commodity-related derivatives (such as over-the-counter swaps
on commodity indices) and fixed income investments but also may invest in any other investment in which the Fund is permitted to invest
directly. References in this Prospectus to actions taken by the Fund refer to actions taken by the subsidiary as well as the Fund. The
Fund does not invest directly in commodities and commodity-related derivatives (such as swaps on commodity indices).
The Fund also may invest in money market funds unaffiliated
with GMO and directly in the types of investments typically held by money market funds.
The Fund’s ETF Class operates
as an actively managed exchange-traded fund (“ETF”).
|
||||||||
| Bar Chart and Performance Table [Heading] | oef_BarChartAndPerformanceTableHeading | Performance | ||||||||
| Performance Narrative [Text Block] | oef_PerformanceNarrativeTextBlock |
The
bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund’s annual
total returns from year to year for the periods indicated and by comparing the Fund’s average annual total returns for different
calendar periods with those of the FTSE 3-Month Treasury Bill Index and a broad-based securities market index. The
Fund’s ETF Class shares are a new class and, as of the date of this Prospectus, had not commenced operations. Returns
shown are those of Class VI shares of the Fund, a mutual fund class of shares of the Fund not offered in this Prospectus, and have
not been adjusted to reflect the fees and expenses attributable to ETF Class shares. Class VI shares would have substantially
similar annual returns to ETF Class shares because the shares are invested in the same portfolio of securities, and the annual returns
at NAV (assuming ETF Class shares are bought and sold without any premium or discount) would differ only to the extent that Class VI
shares do not have the same expenses as ETF Class shares. Share classes that bear higher expenses than the share classes shown below would
have lower returns. After-tax returns are calculated
using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Actual after-tax returns depend on your tax situation
and may differ from those shown. After-tax returns shown are not relevant if you are tax-exempt or if you hold your Fund shares through
tax-advantaged arrangements (such as a 401(k) plan or individual retirement account). After-tax
returns are shown for Class VI shares only; after-tax returns for other classes will vary. Updated performance information
for the Fund is available at https://www.gmo.com/americas/investment-capabilities/etfs/.
Past performance (before and after taxes) is not an indication
of future performance.
|
||||||||
| Performance Information Illustrates Variability of Returns [Text] | oef_PerformanceInformationIllustratesVariabilityOfReturns | The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund’s annual total returns from year to year for the periods indicated and by comparing the Fund’s average annual total returns for different calendar periods with those of the FTSE 3-Month Treasury Bill Index and a broad-based securities market index. | ||||||||
| Performance One Year or Less [Text] | oef_PerformanceOneYearOrLess | The Fund’s ETF Class shares are a new class and, as of the date of this Prospectus, had not commenced operations. | ||||||||
| Performance Availability Website Address [Text] | oef_PerformanceAvailabilityWebSiteAddress | https://www.gmo.com/americas/investment-capabilities/etfs/ | ||||||||
| Performance Past Does Not Indicate Future [Text] | oef_PerformancePastDoesNotIndicateFuture | Past performance (before and after taxes) is not an indication of future performance. | ||||||||
| Bar Chart [Heading] | oef_BarChartHeading | Annual Total Returns/Class VI Shares1 Years Ending December 31 | ||||||||
| Bar Chart Footnotes [Text Block] | oef_BarChartFootnotesTextBlock | 1. The performance information (before and after taxes) for all periods prior to January 31, 2025 was achieved prior to the change in the Fund’s principal investment strategies, effective January 31, 2025. |
||||||||
| Bar Chart Closing [Text Block] | oef_BarChartClosingTextBlock |
Highest
Quarter: 7.38%
4Q 2025
Lowest Quarter: -6.99% 1Q 2020 Year-to-Date: 0.55% As of 6/30/2026 |
||||||||
| Year to Date Return, Label [Optional Text] | oef_YearToDateReturnLabel | Year-to-Date: | ||||||||
| Bar Chart, Year to Date Return, Date | oef_BarChartYearToDateReturnDate | Jun. 30, 2026 | ||||||||
| Bar Chart, Year to Date Return | oef_BarChartYearToDateReturn | 0.55% | ||||||||
| Highest Quarterly Return, Label [Optional Text] | oef_HighestQuarterlyReturnLabel | Highest Quarter: | ||||||||
| Highest Quarterly Return, Date | oef_BarChartHighestQuarterlyReturnDate | Dec. 31, 2025 | ||||||||
| Highest Quarterly Return | oef_BarChartHighestQuarterlyReturn | 7.38% | ||||||||
| Lowest Quarterly Return, Label [Optional Text] | oef_LowestQuarterlyReturnLabel | Lowest Quarter: | ||||||||
| Lowest Quarterly Return, Date | oef_BarChartLowestQuarterlyReturnDate | Mar. 31, 2020 | ||||||||
| Lowest Quarterly Return | oef_BarChartLowestQuarterlyReturn | (6.99%) | ||||||||
| Performance Table Heading | oef_PerformanceTableHeading | Average Annual Total Returns1 Periods Ending December 31, 2025 | ||||||||
| Index No Deduction for Fees, Expenses, or Taxes [Text] | oef_IndexNoDeductionForFeesExpensesTaxes | (returns reflect no deduction for fees or expenses, but are net of withholding tax on dividend reinvestments) | ||||||||
| Performance Table Uses Highest Federal Rate | oef_PerformanceTableUsesHighestFederalRate | After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. | ||||||||
| Performance Table Not Relevant to Tax Deferred | oef_PerformanceTableNotRelevantToTaxDeferred | Actual after-tax returns depend on your tax situation and may differ from those shown. After-tax returns shown are not relevant if you are tax-exempt or if you hold your Fund shares through tax-advantaged arrangements (such as a 401(k) plan or individual retirement account). | ||||||||
| Performance Table One Class of after Tax Shown [Text] | oef_PerformanceTableOneClassOfAfterTaxShown | After-tax returns are shown for Class VI shares only; after-tax returns for other classes will vary. | ||||||||
| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Risk Lose Money [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock | Many factors can affect this value, and you may lose money by investing in the Fund. | ||||||||
| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Risk Not Insured [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock | An investment in the Fund is not a bank deposit and is not insured or guaranteed by the FDIC or any government agency. | ||||||||
| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Management and Operational Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Management
and Operational Risk – The Fund runs the risk that GMO’s investment techniques will fail to produce
intended results, including the annualized returns and volatility referenced above. Even if the Fund achieves those returns or that volatility
over a market cycle, it may experience shorter periods of significantly lower returns or higher volatility, or both. GMO uses quantitative
models as part of its investment process. GMO’s models may not accurately predict future market movements. In addition, GMO’s
models rely on assumptions and data that are subject to limitations (e.g., inaccuracies, staleness) that could adversely affect their
predictive value. The Fund also runs the risk that GMO’s assessment of an investment, including a security’s fundamental
fair (or intrinsic) value, is wrong or that deficiencies in GMO’s or another service provider’s internal systems or controls
will cause losses for the Fund or impair Fund operations.
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Leveraging Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Leveraging
Risk – The use of derivatives, short sales and securities lending can create leverage. Leverage increases
the Fund’s losses when the value of its investments (including derivatives) declines. In addition, the Fund’s portfolio
will be leveraged if it exercises its right to delay payment on a redemption and the value of the Fund’s assets declines between
the time a redemption request is treated as being received by the Fund and the time the Fund liquidates assets to fund that redemption.
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Derivatives and Short Sales Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Derivatives
and Short Sales Risk – The use of derivatives involves the risk that their value may not change as expected
relative to changes in the value of the underlying assets, pools of assets, rates, currencies or indices. Derivatives also present other
risks, including market risk, illiquidity risk, currency risk, credit risk, leveraging risk, commodities risk and counterparty risk. The
market price of an option is affected by many factors, including changes in the market prices or dividend rates of underlying securities
(or in the case of indices, the securities in such indices); the time remaining before expiration; changes in interest rates or exchange
rates; and changes in the actual or perceived volatility of the relevant index or underlying securities. The Fund typically creates short
investment exposure by selling securities short or by taking a derivative position in which the value of the derivative moves in the opposite
direction from the price of an underlying asset, pool of assets, rate, currency or index. Specifically, the net asset value of the Fund’s
shares will be adversely affected if the securities or other assets that are the subject of the Fund’s short exposures appreciate
in value. The risk of loss associated with derivatives that provide short investment exposure and short sales of securities is theoretically
unlimited.
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Market Risk – Equities [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Market
Risk – Equities – The market price of an equity in the Fund’s portfolio may decline
due to factors affecting the issuer or its industry or the economy and equity markets generally. If the Fund purchases an equity for less
than its fundamental fair (or intrinsic) value as assessed by GMO, the Fund runs the risk that the market price of the equity will not
appreciate or will decline (for example, if GMO’s assessment proves to be incorrect or the market fails to recognize the equity’s
intrinsic value). The Fund also may purchase equities that typically trade at higher multiples of current earnings than other securities,
and the market prices of these equities often are more sensitive to changes in future earnings expectations and interest rates than the
market prices of equities trading at lower multiples. Declines in stock market prices generally are likely to reduce the net asset value
of the Fund’s shares. When the Fund writes put options on a stock index, the value of those options will decline when the value
of that index declines. The value of an index depends on the value of the equity securities in the index. Also, the Fund’s investment
strategy of writing put options on stock indices can be expected to cause that strategy to underperform relative to those indices when
the value of those indices rises sharply.
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Market Risk – Fixed Income [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Market
Risk – Fixed Income – The market price of a fixed income investment can decline due to
market-related factors, including rising interest or inflation rates and widening credit spreads, or decreased liquidity due, for example,
to market uncertainty about the value of a fixed income investment (or class of fixed income investments).
|
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Credit Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Credit
Risk – The Fund runs the risk that the issuer or guarantor of a fixed income investment (including a sovereign
or quasi-sovereign debt issuer) or the obligor of an obligation underlying an asset-backed security will be unable or unwilling to satisfy
its obligation to pay principal and interest or otherwise to honor its obligations in a timely manner or at all. The market price of a
fixed income investment will normally decline as a result of the failure of an issuer, guarantor, or obligor to meet its payment obligations
or in anticipation of such a failure. Below investment grade investments (commonly referred to as high yield or “junk” bonds)
have speculative characteristics and are
subject to greater credit risk than other fixed income
investments. Negative changes in economic conditions or other circumstances are more likely to impair the ability of issuers of below
investment grade investments to make principal and interest payments than issuers of investment grade investments. Investments in distressed
or defaulted or other low quality debt investments generally are considered speculative and are subject to substantial risks not normally
associated with investments in higher quality securities, including adverse business, financial or economic conditions that lead to their
issuers’ payment defaults and insolvency proceedings. In particular, distressed or defaulted obligations might be repaid, if at
all, only after lengthy workout or bankruptcy proceedings during which the issuer might not make any interest or other payments, and the
Fund may incur additional expenses in its effort to be repaid. If GMO’s assessment of the eventual recovery value of a distressed
or defaulted debt investment proves incorrect, the Fund may lose a substantial portion or all of its original investment or may be required
to accept cash or instruments worth less than its original investment.
|
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Counterparty Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Counterparty
Risk – The Fund runs the risk that the counterparty to a derivatives contract or a clearing member used by
the Fund to hold a cleared derivatives contract is unable or unwilling to make timely settlement payments, return the Fund’s collateral
or otherwise honor its obligations.
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Futures Contracts Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Futures
Contracts Risk – The loss to the Fund resulting from its use of futures contracts is potentially unlimited.
Futures markets are highly volatile, and the use of futures contracts increases the volatility of the Fund’s net asset value. A
liquid market may not exist for any particular futures contract at any particular time, and the Fund may be unable when it wishes to terminate
its exposure under that contract. When the Fund uses futures contracts for hedging purposes, it runs the risk that changes in the prices
of the contracts will not correlate perfectly with changes in the securities, index, or other asset underlying the contracts or movements
in the prices of the Fund’s investments that are subject to the hedge. In addition, the Fund may be unable to recover or may be
delayed in recovering margin or other amounts deposited with a futures commission merchant or futures clearinghouse. Foreign futures contracts
are often less liquid and more volatile than U.S. futures contracts.
|
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Non-U.S. Investment Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Non-U.S.
Investment Risk – The market prices of many non-U.S. securities fluctuate more than those of U.S. securities.
Many non-U.S. securities markets are less stable, smaller, less liquid, and less regulated than U.S. securities markets, and the cost
of trading in those markets often is higher than in U.S. securities markets. In addition, non-U.S. securities issuers often are not subject
to as much regulation as U.S. issuers, and the reporting, recordkeeping, accounting, custody, and auditing standards to which those issuers
are subject often are not as rigorous as U.S. standards. In addition, the Fund is subject to taxation by countries other than the United
States, including potentially on a retroactive basis, on (i) capital gains it realizes or dividends, interest, or other amounts it
realizes or accrues in respect of non-U.S. investments; (ii) transactions in those investments; and (iii) repatriation of proceeds
generated from the sale or other disposition of those investments. Also, the Fund needs a license to invest directly in securities traded
in many non-U.S. securities markets, and the Fund is subject to the risk that its license is terminated or suspended. In some non-U.S.
securities markets, prevailing custody and trade settlement practices (e.g., the requirement to pay for securities prior to receipt) expose
the Fund to credit and other risks. Further, adverse changes in investment regulations, capital requirements or exchange controls could
adversely affect the value of the Fund’s investments. The risks above (such as substantial price fluctuations and market instability,
illiquidity and lack of regulation) and other risks (e.g., nationalization, expropriation or other confiscation of assets of non-U.S.
issuers, difficulties enforcing legal judgments or contractual rights and geopolitical risks) tend to be higher for investments in the
securities of issuers tied economically to emerging countries. The economies of emerging countries often depend predominantly on only
a few industries or commodities and often are more volatile than the economies of developed countries.
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Event-Driven Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Event-Driven
Risk – If the Fund purchases securities in anticipation of a proposed merger, acquisition, exchange offer,
tender offer, or other similar transaction and that transaction later appears likely to be delayed or unlikely to be consummated or, in
fact, is not consummated or is delayed, the market price of the securities purchased by the Fund may decline sharply, resulting in losses
to the Fund. The risk/reward payout of event-driven strategies (such as merger arbitrage) typically is asymmetric, with the losses in
failed transactions often far exceeding the gains in successful transactions. Event-driven strategies are subject to the risk of overall
market movements, and the Fund may experience losses even if a transaction is consummated.
|
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Fund of Funds Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Fund
of Funds Risk – The Fund is indirectly exposed to all of the risks of an investment in its wholly-owned subsidiary
and the underlying funds in which it invests, including the risk that its wholly-owned subsidiary and those underlying funds will not
perform as expected.
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Currency Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Currency
Risk – Fluctuations in exchange rates can adversely affect the market value of the Fund’s foreign currency
holdings and investments denominated in foreign currencies.
|
||||||||
| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Commodities Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Commodities
Risk – Commodity prices can be extremely volatile, and exposure to commodities can cause the net asset value
of the Fund’s shares to decline or fluctuate significantly.
|
||||||||
| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Market Disruption and Geopolitical Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Market
Disruption and Geopolitical Risk – Geopolitical and other events (e.g., wars, pandemics, sanctions, terrorism,
diplomatic tensions, dramatic changes in regulatory and/or foreign policy, cyberattacks, and rapid technological developments such as
artificial intelligence) often disrupt securities markets and adversely affect the general economy or particular economies and markets.
Those events, as well as other changes in non-U.S. and U.S. economic and political conditions, could exacerbate other risks or otherwise
reduce the value of the Fund’s investments.
|
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Focused Investment Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Focused Investment Risk – Investments
in countries, regions, asset classes, sectors, industries, currencies, or issuers that are subject to the same or similar risk factors
and investments whose market prices are closely correlated are subject to higher overall risk than investments that are more diversified
or whose market prices are not as closely correlated.
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Illiquidity Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Illiquidity
Risk – Low trading volume, lack of a market maker, large position size, or legal restrictions increase the
risk that the Fund or an underlying fund is limited or prevented from selling particular securities or closing derivative positions at
desirable prices at a particular time or at all.
|
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Large Transactions Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Large
Transactions Risk – To the extent that a large number of shares of the Fund is held by a single shareholder
(e.g., an institutional investor or another GMO Fund) or a group of shareholders with a common investment strategy (e.g., GMO asset allocation
accounts), the Fund is subject to the risk that a redemption by (or caused by) that shareholder or group will require the Fund to sell
investments at disadvantageous prices, disrupt the Fund’s operations, lead to temporary overexposure to the Fund’s intended
investment program or force the Fund’s liquidation. The Fund also may be subject to these effects when a number of shareholders
collectively redeem or sell a large amount of Fund shares.
|
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | Smaller Company Risk [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
Smaller
Company Risk – Smaller companies may have limited product lines, markets, or financial resources, lack the
competitive strength of larger companies, have less experienced managers or depend on a few key employees. The securities of companies
with smaller market capitalizations often are less widely held and trade less frequently and in lesser quantities, and their market prices
often fluctuate more, than the securities of companies with larger market capitalizations.
|
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | ETF Risks [Member] | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Risk [Text Block] | oef_RiskTextBlock |
ETF
Risks – The Fund’s ETF Class operates as an ETF and, as a result of this structure, ETF Class shares
are exposed to the following risks:
•
Costs
of Buying or Selling Shares Risk. Due to the costs of buying or selling the Fund’s ETF Class shares, including
brokerage commissions imposed by brokers and the variance in bid-ask spreads, frequent trading of ETF Class shares may significantly reduce
investment results and an investment in ETF Class shares may not be advisable for investors who anticipate regularly making small investments.
•
Limited
Authorized Participants, Market Makers and Liquidity Providers Risk. Because the Fund’s ETF Class operates
as an ETF, typically only a limited number of institutional investors (known as “Authorized Participants”) are authorized
to purchase and redeem shares ETF Class shares directly from the Fund. Retail investors cannot transact in ETF Class shares directly with
the Fund. In addition, there may be a limited number of market makers and/or liquidity providers in the marketplace to transact in ETF
Class shares, there may be demand for ETF Class shares, thereby increasing the market price above net asset value (“NAV”),
or lack of demand, which may decrease the market price below NAV, or in stressed market conditions, the market for ETF Class shares may
become less liquid in response to deteriorating liquidity in the markets for the Fund’s underlying portfolio holdings. As a result
of these considerations, ETF Class shares may trade at a material premium or discount to their NAV or these factors may, in turn, lead
to wider spreads between the bid and ask price of ETF Class shares. In addition, the ETF Class shares may face possible delisting if:
(i) Authorized Participants exit the business or otherwise become unable to process creation and/or redemption orders and no other
Authorized Participants step forward to perform these services, or (ii) market makers and/or liquidity providers exit the business
or significantly reduce their business activities and no other entities step forward to perform their functions.
•
Trading
Risk. The Fund’s ETF Class shares may trade on the NYSE Arca, Inc. (the “Exchange”) above
(premium) or below (discount) their NAV. In stressed market conditions, the market for ETF Class shares may become less liquid in response
to deteriorating liquidity in the markets for the Fund’s underlying portfolio holdings, which may increase the variance between
the market price of the ETF Class shares and the value of the Fund’s underlying holdings attributable to ETF Class shares. This
can be reflected as a spread between the bid and ask prices for the ETF Class shares quoted during the day or a premium or discount in
the closing price from their NAV. In addition, although the Fund’s ETF Class shares are currently listed on the Exchange, there
can be no assurance that an active trading market for ETF Class shares will develop or be maintained. Trading in ETF Class shares may
be halted due to market conditions or for reasons that, in the view of the Exchange, make trading in ETF Class shares of the Fund inadvisable.
•
Cash
Transactions Risk. The Fund may effect some of its creations and redemptions of ETF Class shares for cash, rather
than in-kind securities. As a result, the Fund may have to sell portfolio securities at inopportune times in order to obtain the cash
needed to meet redemption orders. This may cause the Fund to sell a security and recognize ordinary income, or a capital gain or loss
that might not have been incurred if it had made a redemption in-kind. The use of cash creations and redemptions may also cause the Fund’s
ETF Class shares to trade in the market at wider bid-ask spreads or greater premiums or discounts to their NAV. In effecting creations
and redemptions in ETF Class shares in exchange for cash, the Fund may incur certain costs, including brokerage costs in connection with
investing cash received and may recognize capital gains in connection with cash redemptions, unlike an ETF that effects creations and
redemptions only in-kind. In addition, costs could be imposed on the Fund which would have the effect of decreasing the Fund’s
NAV to the extent the costs are not offset by a transaction fee payable by an Authorized Participant.
•
National
Closed Market Trading Risk. To the extent that the underlying securities or other instruments held by the Fund
trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s ETF Class
shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price
for the
underlying security (i.e., the Fund’s quote from
the closed foreign market). The impact of a closed foreign market on the Fund is likely to be greater where a large portion of the Fund’s
underlying securities or other instruments trade on that closed foreign market or when the foreign market is closed for unscheduled reasons.
These deviations could result in premiums or discounts to the NAV of the Fund’s ETF Class shares that may be greater than those
experienced by other ETFs.
|
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| GMO Alternative Allocation Fund | GMO Alternative Allocation Fund | ETF Class | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Management Fees (as a percentage of Assets) | oef_ManagementFeesOverAssets | 0.95% | [1] | |||||||
| Distribution and Service (12b-1) Fees | oef_DistributionAndService12b1FeesOverAssets | 0.00% | ||||||||
| Dividend and interest expense on short sales | oef_Component1OtherExpensesOverAssets | 1.91% | [2] | |||||||
| All other expense | oef_Component3OtherExpensesOverAssets | 0.31% | ||||||||
| Other Expenses (as a percentage of Assets): | oef_OtherExpensesOverAssets | 2.22% | [3] | |||||||
| Expenses (as a percentage of Assets) | oef_ExpensesOverAssets | 3.17% | ||||||||
| Fee Waiver or Reimbursement | oef_FeeWaiverOrReimbursementOverAssets | (0.27%) | [1] | |||||||
| Net Expenses (as a percentage of Assets) | oef_NetExpensesOverAssets | 2.90% | ||||||||
| Expense Example, with Redemption, 1 Year | oef_ExpenseExampleYear01 | $ 293 | ||||||||
| Expense Example, with Redemption, 3 Years | oef_ExpenseExampleYear03 | 952 | ||||||||
| Expense Example, with Redemption, 5 Years | oef_ExpenseExampleYear05 | 1,636 | ||||||||
| Expense Example, with Redemption, 10 Years | oef_ExpenseExampleYear10 | $ 3,457 | ||||||||
| GMO Alternative Allocation Fund | Bloomberg U.S. Aggregate Index (reflects no deduction for fees, expenses, or taxes) | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 7.30% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | (0.36%) | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 1.64% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | [4] | ||||||||
| GMO Alternative Allocation Fund | FTSE 3-Month Treasury Bill Index (returns reflect no deduction for fees or expenses, but are net of withholding tax on dividend reinvestments) | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 4.40% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 3.31% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 2.78% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | [4] | ||||||||
| GMO Alternative Allocation Fund | Class VI | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | (0.27%) | ||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | (5.12%) | ||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | 3.62% | ||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | 6.06% | ||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | (2.56%) | ||||||||
| Annual Return [Percent] | oef_AnnlRtrPct | 15.16% | ||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 15.16% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 3.19% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 2.76% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | [4] | ||||||||
| Performance Inception Date | oef_PerfInceptionDate | May 01, 2019 | ||||||||
| GMO Alternative Allocation Fund | Class VI | After Taxes on Distributions | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 11.69% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 1.69% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 1.35% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | [4] | ||||||||
| GMO Alternative Allocation Fund | Class VI | After Taxes on Distributions and Sales | ||||||||||
| Prospectus [Line Items] | oef_ProspectusLineItems | |||||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 9.39% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 1.95% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | 1.62% | [4] | |||||||
| Average Annual Return, Percent | oef_AvgAnnlRtrPct | [4] | ||||||||
| ||||||||||